Pay&Save

How do you pay and save at the same time?

It's simple - use your & Transaction Account to pay in store or online and round up your everyday purchases to the nearest dollar, and the difference will be automatically saved into your P&N Bank savings account.

Sound easy?

Pay & Save is the digital equivalent of tossing your loose coins in a jar. It soon adds up because every time you pay, you save!

You'll be on your way to buying that new pair of shoes, a weekend away, a new pair of sunglasses or sporting equipment in no time at all.

Let’s look at one typical day’s spending:

You buy

It costs

Round up

You save

Coffee

$4.50

$5.00

$0.50

Lunch

$12.10

$13.00

$0.90

Fuel

$45.60

$46.00

$0.40

Movie tickets

$23.30

$24.00

$0.70

Total transferred to a P&N savings account

$2.50

Just think about what you might save in a week, a month, a year!

Is Pay&Save for me?

Pay&Save is for you if you're someone who struggles to get into the habit of saving money - it's automatic, convenient, and you'll likely even forget about it until you see the difference it has made to your P&N savings account.

It's also great if you are already good at budgeting and saving, as it gives you another opportunity to save even more money - creating a bonus that you can spend on something to reward yourself.

How does it work?

Once you've set up Pay&Save, simply use your & Transaction Visa debit card for your everyday purchases to start saving.

We are a member-owned bank and as a member you will be able to vote and have a say in the future direction and growth of our company, as well as attend our Annual General Meetings.

By opening an account and accepting the terms and conditions:

You are applying for a share to become a member of P&N Bank and authorise the subscription price of $10 to be debited from the first deposit/s into your account. You understand that if you become a member, the Constitution of Police & Nurses Limited will apply to you.

You have read and agree to the terms of the Privacy Statement and Consent, which includes consent to P&N verifying your identity electronically with document issuers.

You acknowledge any advice given is general advice and does not take into consideration your personal circumstances.

You agree that P&N may contact you by phone, email, SMS and/or any other electronic form of communication regarding this application.

New member?

Join Western Australia's largest member-owned bank by opening an account online today.

To apply for an account online you must:

be 18 years of age

be an individual

be an Australian resident with a current Australian residential address, and

have two forms of identification, either an Australian Drivers Licence, Australian Passport or Medicare card.

Existing member?

Police & Nurses Limited (P&N Bank) ABN 69 087 651 876 AFSL/Australian Credit Licence 240701. Any advice given does not take into account your personal, financial situation or needs. Please consider whether it is appropriate for you. Please read and consider the PDS available at pnbank.com.au. Pay&Save is a feature that rounds up to the nearest dollar the value of each purchase debited to the & Transaction Account using the account holder’s Visa Debit Card or the information printed on it. Pay&Save will only operate where sufficient funds are held in the & Transaction Account to make the Pay&Save Transaction.